Wed, Aug 28, 8:47 PM (139 days ago)
SOBR Safe, Inc. filed an Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, primarily to clarify that management concluded internal controls over financial reporting are effective. The amendment includes updated certifications from the CEO and CFO. No other changes were made to the original filing. As of December 31, 2023, the company reported that its internal controls were effective, with no identified material weaknesses. The management's evaluation process is ongoing, ensuring continuous improvement of controls. The aggregate market value of voting stock held by non-affiliates was approximately $31.5 million as of June 30, 2023, with 20 million shares outstanding as of March 29, 2024. This amendment does not reflect subsequent events or modify earlier disclosures. The company's strategic position remains stable, with a focus on maintaining robust internal controls, which is crucial for financial reliability. Future outlooks may be influenced by ongoing evaluations and compliance with regulatory standards.